Compliance Specialist II

Space Coast Credit Union; Melbourne (FL); Hybrid; USD 55,000 - 59,000; Full time

Job summary

An established industry player is seeking a Compliance Specialist II to enhance its compliance framework. This role involves assessing compliance risks, interpreting regulations, and collaborating with various business units to ensure adherence to legal standards. You'll be instrumental in developing solutions that mitigate compliance risks while maintaining strong communication across the organization. With a focus on employee well-being, this innovative firm offers a hybrid work schedule and a comprehensive benefits package, making it an exciting opportunity for compliance professionals looking to make a meaningful impact in a growing organization.

Benefits

Work From Home Hybrid schedule

Medical, Dental & Vision Insurance

401(K) Pre-Tax Savings Plan

Tuition Reimbursement Program

Paid Time Off

Employee Assistance Program

Loan Discounts

Identity Theft Protection

Qualifications

• 3-5 years of regulatory compliance experience in areas like fair lending and risk management.
• Associate’s degree or equivalent certification required.

Responsibilities

• Assist with enterprise-wide compliance and assess compliance risk management programs.
• Serve as a subject matter expert on regulatory compliance matters.

Skills

Regulatory Compliance

Risk Management

Fair Lending

Communication Skills

Education

Associate’s degree or certification

Job description

Space Coast Credit Union (SCCU), the 3rd largest credit union in Florida, is looking for a Full Time Compliance Specialist II to join our ONESCCU team in either our Melbourne Headquarters or Miramar Operations Center! SCCU has been in business for over 70 years, has over 9 billion dollars in assets, and WE ARE GROWING!

Our Members are our top priority and we stand behind our Brand Promise: Honest People, Trusted Products, Time Valued. We offer a rich benefits package and career advancement opportunities.

SCCU Team Member Benefits:

• ONESCCU annual bonus available
• Work From Home Hybrid schedule available - Work from home up to 3 days a week!
• Medical, Dental & Vision Insurance
• HSA (Health Savings Account) with SCCU matching contribution
• SCCU Paid Long Term and Short Term Disability coverage
• SCCU Paid Term Life Insurance
• Employee Assistance Program (EAP)
• Paid Time Off
• 401(K) Pre-Tax Savings Plan with SCCU match - 100% of the first 5% of employee contributions
• Tuition Reimbursement Program

SCCU Team Member financial discounts & perks (save money every month!):

• Loan Discounts - Mortgage, 2nd Mortgage, Auto, Motorcycle, Boat etc. / GAP coverage at half price
• Fixed low rate credit card - 5.99%, if approved
• FREE Identity Theft Protection!
• No fee SCCU accounts

Compliance Specialist II Salary Range:

$55,255.83 to $58,859.47 per year

Compliance Specialist II Responsibilities:

• Assist business units with assessing enterprise-wide compliance, including assessing compliance risk management programs as well as targeted regulations and requirements, such as: Fair Lending, Home Mortgage Disclosure Act, Unfair Deceptive or Abusive Acts or Practices, Bank Secrecy Act, and the technical federal and state regulatory laws, rules, and regulations applicable to the Credit Union’s business functions.
• Participate in proposed changes to policies, procedures, and Credit Union training to ensure compliance with applicable laws and regulations.
• Interpret and disseminate information, answer questions, and serve as a subject matter expert for the Credit Union on regulatory compliance matters. Serve as a trusted advisor to the various business units across the Credit Union, and partner with them to develop practical solutions to meet compliance requirements and reduce compliance risks.
• Maintain relationships and effective communication with business units across the Credit Union to influence strong compliance standards and consideration of compliance risk.
• Review Credit Union projects for conflicts with regulatory requirements and guidance, and advise stakeholders of compliance requirements and potential regulatory risks and penalties.
• Participate in new product development to provide input and expertise regarding potential compliance concerns.
• Assist in the design and/or revision of forms, disclosures, notices, advertisements, and promotions to ensure compliance with applicable rules and regulations.

Compliance Specialist II Minimum Criteria

Education and Training:

• Associate’s degree OR certification required (NCCO, CUCE, CRCM, or equivalent credit union or banking certification). Equivalent experience may be considered in lieu of degree and certification.

Prior Experience:

• 3-5 years’ of recent and applicable regulatory compliance experience required in two or more of the following areas: enterprise-wide compliance, compliance risk management, fair lending, HMDA, and UDAAP.

Schedule:

• Full Time, 40 hours a week, during Department hours of operation
  • Monday - Friday 8:00am – 5:00pm.

• Flex Scheduling and Work From Home Hybrid options available.